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| | | ... move carried a more dovish tone compared to meetings, with the likelihood of another hike waning, cash rates remain well above the average of the past 10-15 years, Morningstar said. "In the current environment, we see cash serving three purposes. First ... |
| | | | ... delivering stable returns via diversification, the super fund said. The new option targets moderately high returns of 3.25% above the rate of inflation or 3.75% above the rate of inflation on for retirement income stream accounts. It has a minimum investment ... |
| | | | ... inflation," he said. The RBA's point estimate of the non-accelerating inflation rate of unemployment (NAIRU) is 4.3% (i.e. 0.2ppts above the current unemployment rate). But there is a lot of uncertainty around this estimate. "Given this uncertainty ... |
| | | | ... numbers of people entering the labour force and finding work in a range of industries, as job vacancies continue to remain above pre-pandemic levels." The number of unemployed people fell slightly to 616,000 in September, however overall, the number ... |
| | | | ... (AFCA) and they need to also comply with conditions on the licence and the financial services laws. Any contraventions of the above allow ASIC to cancel a party's licence. Further, ASIC works with AFCA to identify members that do not comply with their ... |
| | | | ... "Actively managed domestic equity funds in South Africa and Mexico also performed relatively well, with beat rates close to or above 50%." Other "bright spots" for active performance were in the fixed income space. The report found that lower-credit ... |
| | | | ... unconstrained by benchmarks, to capture returns with appropriately managed risk." The fund seeks to deliver returns of 2.5% to 3.0% above the cash rate and offers liquidity daily, unlike term deposits. It charges a management fee of 0.50% per annum and ... |
| | | | ... sacrificing quality," product and investment strategist Marc Jocum said. "Some global share markets are currently trading above their historical long-term average valuation, potentially prompting investors to seek out companies with robust earnings growth ... |
| | | | ... affected. For balances between $349,000 and $474,000, the admin fee cap will increase by between $1 and $250 p.a. Balances above $474,000 will see the fee cap increase by $250 p.a. "We understand the impact of this decision and haven't taken it lightly. ... |
| | | | ... the market. In one example, MIMBT executed 465 internal cross trades between a selling account and 11 retail mutual funds above independent current market prices. This resulted in the retail mutual funds absorbing losses that otherwise would have been ... |
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